1997.11.TARPA_TOPICS

Page 11

The TWA Pilots Retirement Foundation, Inc.

PRESIDENT Capt. Fred G. Arenas 1622 Cantebury Court Arlington His, IL 60004 847-398-1331

VICE-PRESIDENT Capt. Harry Jacobsen 848 Coventry Street Boca Raton, FL 33487 407-997-0468

SECRETARY/TREAS. Capt. Robert R. Thompson 807 West Hintz Road Arlington Hts, IL 60004 847-259-9718

TRUSTEE Capt. Robert D. Essaf 3917 Wellington Circle Palm Harbor, FL 24685-1178

TRUSTEE Donald C. Ulrich 15 Circle Drive Algonquin, IL 60102 847-658-7581

THE TWA PILOTS RETIREMENT FOUNDATION, INC. REPORT TO 1997 TARPA CONVENTION SEPTEMBER 1997 -ALBUQUERQUE, NEW MEXICO

Ladies and Gentlemen: The TWA Pilots Retirement Foundation was incorporated as a nonprofit organization in the State of Florida, in 1982 (Charter 762206). The objective of the Foundation shall be to provide certain Trans World Airlines cockpit crew members, who retired under any provisions of the TWA Pilot or Flight Engineer Retirement Plans, monetary assistance on a charitable basis as may be deemed necessary to enable them to meet and offset, to some degree, the effects of inflation and to maintain a reasonable minimum their individual with standard of living consistent circumstances. Additionally, the Foundation may provide assistance to certain widows and surviving children of deceased TWA pilots. The Foundation derives its monies for operation from, basically, four sources:

1.

PAYROLL DEDUCTIONS 41 contributors beginning 1996 33 contributors end of 1996 TOTAL CONTRIBUTIONS $4,723.85

2.

DIRECT CONTRIBUTIONS 41 contributors in 1996 TOTAL CONTRIBUTIONS $8,320.00

3.

TARPA Memorials $550.00

PAGE 9... TARPA TOPICS... NOVEMBER, 1997


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